First you have to know potential coins in carrying out investments, these coins are usually in the top 20 coinmarketcap, now there are many coins that appear, but many of them have failed in marketing, that's why you have to know potential coins first before starting investment, a lot of typical coins in Crypto, there are walking with hype and some are strengthening according to market demand
Which do you think is better, a coin that is strong because of the hype or a coin that is strong because of the high demand in the market ? because many people may still be wrong in choosing coins for investment now, moreover everything always looks good at first and the results are also not much different when someone starts investing for the long term.
Topic: Newbie Come to Crypto What they should do first? - page 3. (Read 1040 times)
Hello all! I am actually also new in Crypto business. Firstly, I got involved in some Telegram groups about cryptos. I wrote a lot of people. I asked them some questions about cryptos. I always tried to get more information about what they do to earn money. Secondly, I found this site. A lot of people whom I talked to told me about this site. I registered and I tried to learn about bounties. Finally, I put some money on some cryptos and learnt about how this business works in real life 
Now I think I am good at understanding about cryptos
Now I think I am good at understanding about cryptos I congratulate for wanting to learn, seeking and actually learnt something by finally investing and probably becoming an investor. But we have to be careful with telegram groups. Most telegram members might not be helping to get to what you are asking for but they want to divert you and asking you for money. . It is always a risk venture trying to seek knowledge on the internet.
It is certainly very important to understand what we want to invest in. Of course, it's good to learn from others, but they should be proven sources, i.e. people well known in the cryptocurrency community.
If someone does not have too much knowledge, but would still like to invest, it is safest to invest in the oldest and most stable cryptocurrencies, i.e. Bitcoin and Ethereum.
If someone does not have too much knowledge, but would still like to invest, it is safest to invest in the oldest and most stable cryptocurrencies, i.e. Bitcoin and Ethereum.
Hello all! I am actually also new in Crypto business. Firstly, I got involved in some Telegram groups about cryptos. I wrote a lot of people. I asked them some questions about cryptos. I always tried to get more information about what they do to earn money. Secondly, I found this site. A lot of people whom I talked to told me about this site. I registered and I tried to learn about bounties. Finally, I put some money on some cryptos and learnt about how this business works in real life Now I think I am good at understanding about cryptos
Now I think I am good at understanding about cryptos I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
Don’t let yourself to be confused by the fact that there are many coins in the market. Just select a few good ones and you’re good to go. I would recommend that you start with the top coins that are in the market; Bitcoin, Ethereum, Cardano, these are all good choices to make, there is no need looking through the whole thing when you have already seen the top ones that are more likely to generate your profit in the future.My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
Investing in small volume coins might be a waste of time since you’re not sure if they would grow or not. Even till now I don’t think I ever invest without investing money in Bitcoin, Bitcoin always the first choice that I make whenever I am investing in the market.
What a Newbie should do first after entering crypto is to know how to protect his wallet from theft, know where the private key will be stored, gain information from experts on YouTube and blogs, and conduct sufficient research on the coins of projects and various use cases before investing or before He works in any bounty because there are a lot of scam projects, also any newbie should not invest large sums and determine the appropriate time for sell and buy.
really it’s very valuable advise because i see most of the newbie members have no enough knowledge about their wallet security, i mean how to safely to keep store their private key. Their lack of knowledge they lost they lost hard earned assets and newbies investors can be lose with scam projects when they entering in crypto without a minimum market analysis.
First, he/she must know the basics of trading, cryptocurrencies & the crypto market and he must know that crypto carries risk. If he/she wants to hold for long term than BTC, Ethereum, BNB, SOL, TERRA. ATOM These all are best.
Before entering the world of cryptocurrencies, you should understand the basics of cryptocurrencies, or have an understanding of investing. If you start investing without knowing anything, the money you invest will be tuition fees. Don't let others invest in a coin, you can talk about your opinion on the coin, but don't tell others directly what coin to invest in. Because once the other party loses money, they will blame you for it.
That’s right, I never tell people what to coin to invest, I just mention a few coins to them and tell them my opinion, but at the same time I am also making them understand that there are risks involved in this investment, so whatever choice that they decide to make is mostly up to them and they should be ready for whatever would be the outcome of the investment that they are making in the market.It’s true that if you go straight up and tell them to buy a particular coin, whatever happens they will blame you for it. And gaining knowledge about investment is very important, there are also some of the knowledge that you will gain through experience, but at the same time you have to be careful with the choices you make and mindful of what you’re investing in the market.
I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
It is really confusing if you are also confused with yourself. Indeed, too many coins are available in the market but if you know what you are doing in 3 years, I think you can make a good choice of them. My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
Well, telling your friend about crypto, I think you should encourage him/her to do the search of his own. So, aside from having an idea coming from you, he/she can also gain some more from the others. I suggest for you not to tell him\her about earning a huge profit in just a day but rather tell them the huge risk and possible losses.
Beginners who come to the crypto world of course still lack experience, so of course they still have a lot to learn to get to know cryptocurrencies. The first good thing to do if you want to invest immediately, is to invest in major coins like bitcoin, ethereun, binance. that way they will be safer to invest while learning
Simple but everyone forgets how convenient it is to buy the top coins, especially bitcoin.They're looking for some cryptos that will multiply their money in the short term but it's riskier than what they're thinking of.
Newbies, not offending them but, they should be wise with their very first experience of investing in the market and bitcoin should be their top choice as what the majority are saying.
The higher risk you take, the higher profit that you may take but also, when it comes to risk don't forget that you're about to lose big too.
It's a gamble otherwise.
I also know people who have earned a lot with doge and uniswap and as well as other meme coins like shiba. But people are forgetting how it's good to invest and have bitcoin.
First you have to know potential coins in carrying out investments, these coins are usually in the top 20 coinmarketcap, now there are many coins that appear, but many of them have failed in marketing, that's why you have to know potential coins first before starting investment, a lot of typical coins in Crypto, there are walking with hype and some are strengthening according to market demand
Which do you think is better, a coin that is strong because of the hype or a coin that is strong because of the high demand in the market ? because many people may still be wrong in choosing coins for investment now, moreover everything always looks good at first and the results are also not much different when someone starts investing for the long term.That's just my opinion and I think everyone has their own opinion regarding it.
this is the importance of doing research before deciding to invest
First you have to know potential coins in carrying out investments, these coins are usually in the top 20 coinmarketcap, now there are many coins that appear, but many of them have failed in marketing, that's why you have to know potential coins first before starting investment, a lot of typical coins in Crypto, there are walking with hype and some are strengthening according to market demand
Which do you think is better, a coin that is strong because of the hype or a coin that is strong because of the high demand in the market ? because many people may still be wrong in choosing coins for investment now, moreover everything always looks good at first and the results are also not much different when someone starts investing for the long term. I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
First you have to know potential coins in carrying out investments, these coins are usually in the top 20 coinmarketcap, now there are many coins that appear, but many of them have failed in marketing, that's why you have to know potential coins first before starting investment, a lot of typical coins in Crypto, there are walking with hype and some are strengthening according to market demand My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
First and foremost, you should know that the crypto market is volatile and it changes daily. Therefore, it would be best if you do some research first and understand the market. And onced you convinced with the information you gathered, then you can go to trading. Crypto trading can be either profitable or you can lose money. Thats why it is important to be wise. Do not put all your eggs in one basket because there is never a 100% guarantee that you will get back your money. The market is so unpredictable and you should be aware. And lastly, you should also know that crypto trading is not a get-rich-quick scheme. It takes a lot of patience, discipline, and skills in order to be succeed in trading.
Before entering the world of cryptocurrencies, you should understand the basics of cryptocurrencies, or have an understanding of investing. If you start investing without knowing anything, the money you invest will be tuition fees. Don't let others invest in a coin, you can talk about your opinion on the coin, but don't tell others directly what coin to invest in. Because once the other party loses money, they will blame you for it.
If you are a newbie and it is your first time involved in this business, better to focus on learning totally. Never think about what coin you need to buy, just think about the fundamental things you need to learn first. There are many basic things to learn, we need to learn about the market characteristics, learn about crypto coins' nature, learn about the strategy in investment/trading, and so on. These things must be your focus, not about buying coins or dreaming of profits instantly.
I'm too busy to learn anything, what i look the project I feel good , I Will invest with all my have
Of course, there must be a lot of changes from time to time, you have to understand how crypto works without thinking too much about options. Invest whatever makes sense to you as an investment, but don't expect it to change your life right away. The road to profitable crypto investments is as volatile as the currency itself. This will require research, careful planning, and long hours of work. However, if you take these steps seriously and understand the risks involved, you can still benefit from the huge potential of cryptocurrencies.
If we have a fairly good knowledge of the crypto world, there is no need to be confused by the large number of coins circulating today. Because with
the knowledge we have, we can choose coins that are worth buying and can generate profits in the future. That's why it's important for newbies
who are about to dive into crypto, it's best before deciding on an investment to learn everything about the crypto world. So being able to understand
how crypto works and have a basic knowledge of crypto will prevent making wrong decisions. If any of my friends are newbies and ask me which coins
to buy, which one is profitable, I will not mention the name of certain coins, but I will suggest my friends to learn about basic crypto knowledge first.
I will provide a reliable source of information so that my friends can correctly access information about crypto, so my friend will not depend on me
about the coins he will buy, because if he already has the knowledge, then he can determine for himself which coins are worth buying.
I agree with you, indeed knowledge cannot if we are not direct, at least know when the trend is good, this reminds me of when I first understood the exchange, made me want to buy greedily on the available altcoin prices, at least I always choose a transaction volume of 10 best tokens according to coiningecko and cmc exchanges. it does need further analysis, while if we continue to observe it makes us hesitate to take the price, try installing some features on the exchange, I'm sure there are tools that can help. app and web upgrades.
For what @darewaller mentioned for the delisting excanger, I think the policy of the stock exchange is because the stock is owned by an individual company, so we'll just follow it
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
Initially you have to explain bitcoin first and the risks of trading.
By teaching the basics of cryptocurrency, at least your friends know the risks and profits here.
if he asks what coin to buy I think the best answer is bitcoin.
It is not easy to understand cryptocurrencies that have been running for years, if you are new to cryptocurrency, y
ou must have basic knowledge about analysis at least, because many have gone bankrupt here too.
Also let him learn analysis, without you needing to explain one by one the coins that are on coinmarketcap because there are so many,
and giving him a telegram channel about trading education is likely to help you teach your friends.
It is very difficult to advise someone to buy coins because basically the risk of investing in cryptocurrencies is very high. the crypto market is very volatile which means it can go up or down very quickly, when the price is down of course you will feel guilty and if your friend is a beginner of course your friend will feel panicked and do not rule out making a cut loss. but to minimize risk you can suggest investing in big altcoins like ETH and BNB. but the most important thing is that you have to explain to your friends about the highly volatile crypto market, that way you can reduce your friends' panic when prices are falling.
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